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Olu
Mar 11, 2017 8:11 AM

AudUsd: I Am Bearish Long Term Short

Australian Dollar/U.S. DollarFXCM

Description

Comments on the chart

Comment

The events of today ought to have led to a fall in this pair but the markets did a 'buy the rumour sell the fact' action today. Price took off to the upside and the idea is being threatened in a big way. price above 7750 will negate this idea

Comment

generalized $ weakness is threatening this idea. A close above .7750 will kill of this idea

Comment

Price is still holding near the top of the channel. I am still bearish
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